Europe Organ Preservation Market is poised to reach USD 53 million by 2021 | Market Data Forecast

The Europe Organ Preservation Market is worth USD 37 million in 2016 and estimated to grow at a CAGR of 7%, to reach USD 53 million by 2021. The Europe Organ Preservation market is developing at a good pace.

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Organ preservation solutions are utilized to safeguard organs before transplantation strategy as these organs in outside atmosphere are powerless furthermore ended up broken once taken out from the human body. Expanding interest for organ transplantation strategies over the globe is relied upon to drive the development of Organ preservation solutions. What’s more, maturing populace will likewise push the development of Organ preservation solutions market as the danger of organ disappointment in elderly individuals expands that enlarges the interest for organ transplants. In like manner, improvement of mechanically propelled answers for saving organs will advance complements the development of Organ preservation solutions market.

The significant drivers for organ preservation market incorporate rising strong organ transplantation strategies. Moreover, expanding geriatric populace all inclusive combined with rising multi-organ breakdown cases is likewise anticipated that would help this market in coming five years. Besides, expanding government activities to advance organ gift will likewise fuel the development in this market. Nonetheless, the high cost of procurement and restricted extension at the level of end clients are required to hamper the market development in coming five years. Notwithstanding these limits, innovative work in the organ preservation market are relied upon to be an open door for this market in the forecast period.

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The Europe market for Organ Preservation is segmented on the basis of Preservation Solution, Transportation Technique, Organ Type and region. Based on Preservation Solution, the market is segmented into UW,Custodiol HTK and Perfadex. Based on Transportation Technique, the market is segmented into Static Cold Storage, Hypothermic Machine Perfusion, and Normothermic Machine Perfusion. Based on Organ Type, the market is segmented into Kidneys, liver and lung. Preservation of kidney accounted for the biggest market share in 2016 owing to the increasing aging population coupled with increasing prevalence of kidney failures. According to National kidney foundation, more than 80% of all patients who receive treatment for kidney failure are in affluent countries with universal access to health care and large elderly populations.

The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. The Europe had high CAGR during the forecast period. The reasons for the same might be the government policies.

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Essential Pharmaceuticals (U.S.), Dr. Franz Kohler Chemie GmbH (Germany), Organ Recovery Systems (U.S.), Xvivo Perfusion AB (Sweden), and Waters Medical Systems LLC (U.S.), among others are the leaders in the Europe Organ Preservation market.

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